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This might be an odd notion considering the average HN commenter but hear me out. It's _just_ possible the guy running that ISP isn't doing it to grow into a VC
by bityard 4y ago
This might be an odd notion considering the average HN commenter but hear me out. It's _just_ possible the guy running that ISP isn't doing it to grow into a VC-backed unicorn with an exit strategy of getting scooped up by a FAANG in 5 years.
He doesn't want to _lose_ money on it, but he's an engineer and has evaluated the risks and costs and found them acceptable. He's doing it because because the incumbent ISP won't, because it's a challenge, and because he wants to to serve his community. Or so I've been able to gather.
- stephen_greet 4y agoBut running an ISP requires a metric ton of capital upfront. No matter the motivation, how do you get that capital?
- bityard 4y agoI can't speak for the guy running this network so I don't know if he has investors or creditors or what, but I live in the same area as he does and can say that if you have a high-paying tech job well into the six figures and live in a LCOL area like this (AND don't blow it all on hedonic purchases like luxury pickups), it's not hard to amass a surprising surplus of cash in a surprisingly short amount of time.